{"id":88054,"date":"2023-12-08T20:37:45","date_gmt":"2023-12-08T18:37:45","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=88054"},"modified":"2025-09-13T15:39:12","modified_gmt":"2025-09-13T12:39:12","slug":"vaneck-names-meme-hodl-as-ticker-for-bitcoin-etf","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/vaneck-names-meme-hodl-as-ticker-for-bitcoin-etf\/","title":{"rendered":"VanEck names meme HODL as ticker for Bitcoin ETF"},"content":{"rendered":"<p>In the updated filing to launch <a href=\"https:\/\/u1f987.com\/en\/news\/what-is-a-cryptocurrency-etf\">an exchange-traded fund<\/a> (ETF) based on Bitcoin&#8217;s spot price, the asset-management company VanEck specified the product&#8217;s ticker as the meme HODL.<\/p>\n<blockquote class=\\\"twitter-tweet\\\" data-conversation=\\\"none\\\" data-lang=\\\"en\\\">\n<p lang=\\\"en\\\" dir=\\\"ltr\\\">This filing reveals their ticker for what I think is the first time. It\u2019ll be <a href=\\\"https:\/\/twitter.com\/search?q=%24HODL&#038;src=ctag&#038;ref_src=twsrc%5Etfw\\\">$HODL<\/a>. <a href=\\\"https:\/\/t.co\/RzAoBEVgV1\\\">pic.twitter.com\/RzAoBEVgV1<\/a><\/p>\n<p>\u2014 James Seyffart (@JSeyff) <a href=\\\"https:\/\/twitter.com\/JSeyff\/status\/1733118709919580444?ref_src=twsrc%5Etfw\\\">December 8, 2023<\/a><\/p><\/blockquote>\n<p> <script async src=\\\"https:\/\/platform.twitter.com\/widgets.js\\\" charset=\\\"utf-8\\\"><\/script><\/p>\n<p>The term popular in the crypto community originated from <a href=\\\"https:\/\/bitcointalk.org\/index.php?topic=375643.msg4022997#msg4022997\\\">a typo<\/a> by a Bitcointalk user under the nickname GameKyuubi. In December 2013, amid another drop in the price of the first cryptocurrency, he wrote that he continued to hold the digital asset, but misspelled the word holding. As GameKyuubi explained at the time, he did not consider himself a skilled trader and simply bet on long-term growth.<\/p>\n<p>Subsequently, HODL in the cryptocurrency ecosystem <a href=\\\"https:\/\/www.nerdwallet.com\/article\/investing\/hodl-a-typo-takes-hold-as-a-sound-cryptocurrency-strategy#:~:text=HODL%2C%20or%20%E2%80%9CHold%20On%20for,a%20decade%20later%20in%202023.\\\">took on a new iteration<\/a>, becoming an acronym that stands for Hold On for Dear Life (hold on for dear life).<\/p>\n<p>Bloomberg ETF analyst Eric Balchunas <a href=\\\"https:\/\/twitter.com\/EricBalchunas\/status\/1733126301622435881\\\">assessed<\/a> the move by VanEck. In the expert&#8217;s view, the ticker will attract the attention of young crypto investors against the backdrop of <a href=\"https:\/\/u1f987.com\/en\/news\/sec-takes-up-review-of-spot-bitcoin-etf-applications\">variants<\/a> from BlackRock, Invesco and Fidelity. Moreover, the firm has a developed retail base, unlike its rivals, the analyst added.<\/p>\n<p>Nate Geraci, president of ETF Store, agreed with him:<\/p>\n<blockquote class=\\\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\\\">\n<p>\u201cI like this play. Retail traders familiar with the crypto space will love the ticker. Boomers have no idea what it means, so there won&#8217;t be negative attention to advisor statements, which in any case preach HODL for other asset classes. Not a bad double-down.\u201d<\/p>\n<\/blockquote>\n<blockquote class=\\\"twitter-tweet\\\" data-conversation=\\\"none\\\" data-lang=\\\"en\\\">\n<p lang=\\\"en\\\" dir=\\\"ltr\\\">I like this play\u2026<\/p>\n<p>Retail who knows crypto space will love the ticker.<\/p>\n<p>Boomers will have no idea what it means, so won\u2019t attract negative attention on advisor statements (plus a lot of advisors preach \u201cHODL\u201d in other asset classes anyways).<\/p>\n<p>Good straddle here.<\/p>\n<p>\u2014 Nate Geraci (@NateGeraci) <a href=\\\"https:\/\/twitter.com\/NateGeraci\/status\/1733128782087622821?ref_src=twsrc%5Etfw\\\">December 8, 2023<\/a><\/p><\/blockquote>\n<p> <script async src=\\\"https:\/\/platform.twitter.com\/widgets.js\\\" charset=\\\"utf-8\\\"><\/script><\/p>\n<p>VanEck also weighed in on the matter:<\/p>\n<blockquote class=\\\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\\\">\n<p>\u201cOur Bitcoin ETF will bring in all the baby boomers (if approved).\u201d<\/p>\n<\/blockquote>\n<blockquote class=\\\"twitter-tweet\\\" data-lang=\\\"en\\\">\n<p lang=\\\"en\\\" dir=\\\"ltr\\\">My <a href=\\\"https:\/\/twitter.com\/hashtag\/Bitcoin?src=hash&#038;ref_src=twsrc%5Etfw\\\">#Bitcoin<\/a> ETF* will bring all the<br \/>baby boomers to the yard.?<br \/>*If it\u2019s approved.<\/p>\n<p>\u2014 VanEck (@vaneck_us) <a href=\\\"https:\/\/twitter.com\/vaneck_us\/status\/1731701978697257235?ref_src=twsrc%5Etfw\\\">December 4, 2023<\/a><\/p><\/blockquote>\n<p> <script async src=\\\"https:\/\/platform.twitter.com\/widgets.js\\\" charset=\\\"utf-8\\\"><\/script><\/p>\n<p>As reported, the U.S. Securities and Exchange Commission <a href=\"https:\/\/u1f987.com\/en\/news\/reuters-reports-active-sec-talks-with-bitcoin-etf-issuers\">has moved to the discussion stage<\/a> of technical details with potential issuers of spot Bitcoin ETFs, according to the media.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>In the updated filing to launch a spot Bitcoin ETF, the asset-management company VanEck named the product&#8217;s ticker as the meme HODL.<\/p>\n","protected":false},"author":1,"featured_media":88055,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[569,783],"class_list":["post-88054","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-etf","tag-vaneck"],"aioseo_notices":[],"amp_enabled":true,"views":"24","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/88054","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=88054"}],"version-history":[{"count":1,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/88054\/revisions"}],"predecessor-version":[{"id":88056,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/88054\/revisions\/88056"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/88055"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=88054"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=88054"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=88054"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}